Cormark Boosts Earnings Estimates for Boyd Group Services

Boyd Group Services Inc. (TSE:BYD) – Equities researchers at Cormark lifted their FY2025 earnings per share estimates for shares of Boyd Group Services in a report released on Thursday, October 30th. Cormark analyst J. Fenwick now forecasts that the company will post earnings of $3.14 per share for the year, up from their previous forecast of $3.09. Cormark currently has a “Moderate Buy” rating on the stock. The consensus estimate for Boyd Group Services’ current full-year earnings is $7.15 per share. Cormark also issued estimates for Boyd Group Services’ FY2026 earnings at $5.78 EPS.

Other equities analysts have also issued research reports about the company. CIBC lifted their price target on Boyd Group Services from C$257.00 to C$270.00 and gave the stock an “outperform” rating in a research report on Monday, October 20th. Royal Bank Of Canada lifted their price target on Boyd Group Services from C$270.00 to C$272.00 and gave the stock an “outperform” rating in a research report on Thursday, August 14th. ATB Capital lowered their price target on Boyd Group Services from C$290.00 to C$270.00 and set an “outperform” rating for the company in a research report on Thursday, August 14th. Stifel Nicolaus lifted their price target on Boyd Group Services from C$260.00 to C$265.00 and gave the stock a “buy” rating in a research report on Thursday, October 23rd. Finally, National Bankshares lifted their price target on Boyd Group Services from C$245.00 to C$250.00 and gave the stock an “outperform” rating in a research report on Thursday, August 14th. Two equities research analysts have rated the stock with a Strong Buy rating, eight have issued a Buy rating and one has assigned a Hold rating to the company. According to data from MarketBeat.com, the company presently has an average rating of “Buy” and an average target price of C$262.00.

Boyd Group Services Price Performance

BYD opened at C$224.03 on Friday. The stock has a 50-day moving average price of C$226.10 and a 200-day moving average price of C$213.19. The company has a debt-to-equity ratio of 150.94, a current ratio of 0.70 and a quick ratio of 0.30. The firm has a market cap of C$4.81 billion, a PE ratio of 589.55, a P/E/G ratio of -56.72 and a beta of 0.39. Boyd Group Services has a 1 year low of C$186.10 and a 1 year high of C$258.17.

Boyd Group Services Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Wednesday, October 29th. Shareholders of record on Tuesday, September 30th were given a $0.153 dividend. This represents a $0.61 dividend on an annualized basis and a yield of 0.3%. Boyd Group Services’s dividend payout ratio (DPR) is 114.83%.

Boyd Group Services Company Profile

Boyd Group Services Inc is a personal services company that provides auto body and auto glass repair services at its portfolio of facilities located across the United States and Canada. The company operates in Canada primarily under the Boyd Autobody and Glass brand name, while its most notable U.S. brand is Gerber Collision and Glass.